The Securities and Exchange Commission Monday awarded more than $7 million to three whistleblowers who helped the agency stop a fraudulent investment scheme.
In the midst of Korea's influence-peddling scandal involving President Park, her close associates, and chaebols (family run conglomerates such as Samsung and Hyundai), the country enacted a new anti-corruption law criminalizing graft and solicitation without the need to prove the bribe payer expected anything in return.
Dietary supplement maker Herbalife said in a securities filing Friday that the SEC has requested documents and other information about the company's anti-corruption compliance in China.
The Brazilian judge overseeing the politically explosive investigation into a massive bribe and kickback scandal at the state energy company died Thursday in a plane crash.
Employer: Intercept Pharmaceuticals
Location: New York, NY
HomeStreet Inc. settled SEC allegations Thursday that it conducted improper hedge accounting and later took illegal steps to impede employees from talking to the SEC about it.
Employer: Akorn, Inc.
Location: Lake Forest, IL, United States Full Time
Las Vegas Sands Corp. agreed Thursday to pay a criminal fine of nearly $7 million for Foreign Corrupt Practices Act offenses in China and Macau.
In the days following President-elect Donald Trump’s announcement of his intention to nominate Sullivan & Cromwell partner Jay Clayton as Chair of the Securities and Exchange Commission, countless observers have opined on how the SEC’s priorities may change in the upcoming administration.
In December 2016, Risk Advisory hosted a dinner in Washington, DC, at which the Director of the Serious Fraud Office, David Green, kindly agreed to engage in a conversation with me.
The SEC Wednesday charged Texas-based medical device maker Orthofix International with violating the Foreign Corrupt Practices Act when its subsidiary in Brazil made improper payments to doctors at government-owned hospitals to increase sales.